Career Candour

Career Candour

How Danantara’s Flagship Agri Arm Ran Dry Before It Got Started

The CEO of Indonesia’s flagship agri SOE just quit over zero funding. What does this mean for Danantara and the future of food estates?

Leigh McKiernon's avatar
Leigh McKiernon
Aug 12, 2025
∙ Paid
Share

When Danantara was launched in early 2025, it arrived with a halo of reformist energy and a flurry of official optimism. The name itself was weighty, the kind of branding that suggests legacy, and trust. The fund was meant to be Indonesia’s answer to global sovereign wealth excellence, drawing on the best elements of Singapore’s Temasek or Malaysia’s Kh…

Keep reading with a 7-day free trial

Subscribe to Career Candour to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Leigh McKiernon
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture